Category: Student finance

US student loan payments to resume as Americans struggle to pay other debts | S&P Global Market Intelligence

US student loan payments to resume as Americans struggle to pay other debts | S&P Global Market Intelligence

This represents a massive decrease in disoaable income for millions. I hope they are prepared. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-student-loan-payments-to-resume-as-americans-struggle-to-pay-other-debts-76294955

College graduates are dramatically overestimating the salaries

College graduates are dramatically overestimating the salaries

New students in for a shock and further debt problems. Responsible debt use requires accurate expectations of income.   #StudentDebt #studentloans #collegestudents #personalfinance. https://www.cnbc.com/2022/04/29/study-says-college-graduates-overestimate-starting-salaries-by-50000.html

Who owes the most in student loans: New data from the Fed

Who owes the most in student loans: New data from the Fed

Article argues a more nuanced view of student debt and how the burden is largely born by higher income households. Article argues against wholesale debt forgiveness. https://www-brookings-edu.cdn.ampproject.org/c/s/www.brookings.edu/blog/up-front/2020/10/09/who-owes-the-most-in-student-loans-new-data-from-the-fed/amp/